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    • Countries

      Top Destinations:

      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
      • Colombia
      • Cyprus
      • Mexico
      • France
      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
      • Gun Laws In The World
      • English-Speaking Countries
      • Safest Places For Retirement
      • Best Places In Latin America
    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      Follow Us:

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        • Discover tips and strategies used by global property investing veterans

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        overseas living letter offers affordable retirement guidance
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        Home Real Estate

        Portugal Rentals From $734 A Month

        by Kathleen Peddicord
        Dec 18, 2024
        in Real Estate
        0 0
        Beautiful sandy beach near Lagos in Panta da Piedade, Algarve, Portugal

        AdobeStock/samael334

        Portugal’s landscape offers everything from quaint seaside towns to bustling urban centers. You could wake up to the sound of the sea in the Algarve or the hustle and bustle of energetic Lisbon. Lifestyle options abound.

        Portugal enjoys 3,000 hours of sunshine a year (more sunny days than anywhere else in Europe), and it has one of the most stable climates on Earth. This country is among the safest in the world, and it boasts international-standard health care for a low cost.

        If you want to move to this country full-time, Portugal has one of the most user-friendly residency options in the eurozone.

        Best of all, Portugal offers a low cost of living, including the cost of renting a place to live. Here are some of the best areas in Portugal where rent can be as low as 700 euros (about $734) a month.

        Affordable Rentals In Lisbon

        Lisbon is a sophisticated urban city that blends historical districts with modern architecture. It is vibrant and multicultural, with rich tradition, cuisine, art, history, and culture, all of which combine to make it an exciting place to live.

        Lisbon has a well-connected public transport system that includes trams, buses, metros, taxis, Ubers, and more. You can easily get by without a car here, although the city is notoriously hilly. If you have limited mobility, Lisbon, particularly its old neighborhoods, can pose challenges.

        Lisbon offers cultural entertainment and outdoor recreation opportunities. There are music festivals, art galleries, live Fado shows, street art tours, museums, historical landmarks, gastronomic scenes, and more. It’s also close to nature, including beaches where you can practice water sports and parks and mountainous areas for hiking.

        The cost of living in Lisbon has been rising in the last couple of years, but it’s still more affordable than other Western European capitals and much of North America. This applies to the cost of accommodation as well.

        Here are a few current rental listings:

        • A furnished two-bedroom, two-bathroom apartment is available for 1,900 euros (about $1,992) a month. The unit has a living space of 70 square meters and a modern design. It offers a completely equipped kitchen, a washer and dryer, and electric water heating. The electricity, water, gas, and internet bills are included in the rent.
        • A 50-square-meter apartment is available for 1,300 euros (about $1,363) a month. The unit has one bedroom and one bathroom and comes completely furnished. The open-plan living room and kitchen area have a French balcony with great city views. Utility bills are not included.
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        Affordable Rentals In Porto

        Porto is one of Portugal’s most charming cities. Its historic center was declared a World Heritage Site in 1996, and the city has been named the Best European Destination in several lists in recent years.

        The city has solid infrastructure and a vast array of services. It offers countless activities for every taste, with no shortage of art, impressive architecture, historical neighborhoods, parks, beaches, green areas, and, of course, port wine. If you’re a foodie, Portuguese cuisine does not disappoint, and Porto is a stronghold of traditional recipes.

        Porto attracts people from all over the world and from different age groups. Locals, especially the younger generations, speak English well. Expats have settled in Porto instead of Lisbon because it’s more affordable but has all the perks of a big city.

        Porto has plenty of public health care centers and private clinics where you can have your health needs taken care of affordably. The city has many markets and supermarkets that cater to all budgets, and you could pay as little as $250 in groceries per month if you buy local products.

        These are some current rentals in Porto:

        • A two-bedroom, one-bathroom apartment is available for 1,500 euros (about $1,572) per month. The unit comes furnished, has a total living space of 75 square meters, and is just two minutes from a metro station. Utilities are included in the price.
        • A 100-square-meter, first-floor apartment with a spacious outdoor patio is available for 1,200 euros (about $1,258) per month. The apartment has two bedrooms and two bathrooms, and it’s close to the beach.

        Affordable Rentals In The Algarve

        With over 300 days of sunshine a year, a stunning coastline of 150 sandy beaches, friendly locals, delicious cuisine and local wines, and a low cost of living, the Algarve is many expats’ favorite Portuguese region.

        If you’re a golfer, this could be your paradise. The Algarve is home to some of Europe’s best championship courses, and they all come with breathtaking surroundings.

        If you are looking for a familiar community in your new home, the Algarve has a big expat community of retirees, entrepreneurs, digital nomads, and families who have settled here looking for a simpler, healthier, and sunnier life. You’ll find a myriad of quaint shops, stalls, and markets where you can buy locally produced goods such as arts, crafts, produce, clothing, and more.

        A range of towns of different sizes is available across the Algarve. You could settle in a small, picturesque village such as Ferragudo or Tavira or in a bigger, busier city like Faro.

        The largest state hospitals in the region are in Lagos, Portimão, and Faro, and smaller private clinics and hospitals can be found across the Algarve. If you want to move with school-aged kids, several international schools offer education in English, but Portuguese schools welcome foreigners as well.

        Here is a rental that is currently available in the Algarve:

        • This one-bedroom apartment in Monte Gordo is available for 700 euros (about $734) a month. This unit is just 100 meters from the nearest beach. It has a balcony and terrace, and it has a total living space of 75 square meters. It comes with an indoor parking space.

        Until next time,

        Kathleen Peddicord Signature
        Kathleen Peddicord

        Founding Publisher, Live And Invest Overseas

        Tags: 'moving overseas'At Home AbroadBest place to retire in Portugalreal estate abroad
        Share83Tweet52
        Kathleen Peddicord

        Kathleen Peddicord

        Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

        Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

        Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

        Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

        Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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          • Kyrenia, Cyprus
          • Hua Hin, Thailand
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          • Pisa, Italy
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